Mentorship Advice For New Investor

[Sebastian Bennett]

I've been actively using BiggerPockets for over a while, have been educating myself and attending a lot of networking events. All have proved helpful but still feel like I need some additional support. I've met plenty of individuals with far more experience than me who have offered referrals, advice and so on but I'm looking for more handholding than is reasonable to ask for someone to provide for free. I've done extensive research into the options and a lot of the paid options seem to focus on teaching specific investment methods. There's some who are more so there to help advise as I make my own path presumably with the ability to identify issues ahead of time. Consider it more so like having my own in house representative to be there as needed. I still  have to do some more research into the individuals behind both concepts but what option do you believe offers more value? I will close by saying I am not expecting a be a multi-millionaire by next year following someone's system. I am more realistic than that. 

[Becca F.]

Quote from @Jonathan Greene:

Most people who go to as many meetups as you have developed the confidence to move forward because they see everyone else doing it? Why do you feel like you need someone to hold your hand? That's a crutch. You are asking here to pay someone for their time in reality and that is where you will get pitched every program on earth when in reality, you are doing the right thing by meeting a lot of investors. Have none become real friends?

This will answer all questions - how many investment properties have you viewed in person? If zero, this is your issue. You aren't getting reps in the field.

 I totally agree. I just commented on someone's post in this forum. It was a thread with almost all aspiring women real estate investors about some master class that was $7 and a mentorship program costing $20,000 run by a woman investor. Yikes! 

I think a lot of people are hoping a mentor/coach/RE guru, will hand hold them and they buy X amount of properties and generate X amount of dollars in rental income and they become "financially free from their W2 job" and wealthy. There's no magic pill. It takes a long time to build wealth in RE 15 to 30+ years from the California investors I talked to. The lucky few were able to scale quickly in maybe 7 years by buying properties at a discount (e.g 2008) or someone with very high W2 income and tons of capital.